AI's updated look at the resistance and support levels for XRP as at 15:40 GMT 00:00 taking into account the current price around $1.08-$1.10:
**Immediate Support:**
- Just below the current price, around $1.07, which has been mentioned as a potential new bottom for XRP's current run. - Another support level to watch is at $1.01, which could act as a fallback if the price dips. -
**Mid-term Support:** - If there's a further dip, $0.786 has been identified as a support level where XRP might stabilize.
### Resistance Levels:
- **Immediate Resistance:** - The first significant resistance seems to be just above the current price at around $1.28. This level could act as a barrier if XRP tries to move higher in the short term. - $1.05 is also mentioned as a resistance where XRP might struggle to close above, which could be relevant if the price pulls back slightly before attempting another rise.
- **Short-term Resistance:** - If XRP breaks the immediate resistance, the next level to watch would be around $1.60, as some analyses suggest this as a target if a breakout occurs from the current consolidation or flag pattern.
- **Mid-term Resistance:** - Beyond that, a move towards $1.88 has been highlighted as a critical resistance level where significant price action might occur, indicating either a solid breakout or a rejection. These levels are derived from recent market behavior, technical analysis, and posts from X, suggesting where XRP might find support if it falls or face resistance as it tries to climb higher from its current price range. Keep in mind that in the crypto market, these levels can shift rapidly with new developments or shifts in market sentiment.